The North Macedonia Free Zones Authority, the governmental managing body responsible for developing FEZs throughout the country, currently supervises fourteen zones in various stages of development. The Government is committed to providing the most cost and operationally efficient environment for doing business in Southeastern Europe. North Macedonia is known as the New Business Heaven of Europe 100% foreign ownership, 0% corporate tax, no municipality taxes, symbolic land lease rates, subsidies of up to 10% (up to one million euros) towards construction and machinery costs, availability of skilled workforce, as well as training and job creation grants. These are only one segment of the value proposition that provides the most competitive operating environment in the region and wider. Companies which compete in an increasingly complex business world seek optimum locations for their organizations. The popularity of the free zones is based on the simplicity and effectiveness for doing business, beneficial and long-lasting tax incentives, and opportunities for additional government grants. This would be the right moment for companies to take advantage of prime locations and inducements.
The North Macedonia Free Zones Authority, the governmental managing body responsible for developing FEZs throughout the country, currently supervises fourteen zones in various stages of development. The Government is committed to providing the most cost and operationally efficient environment for doing business in Southeastern Europe. North Macedonia is known as the New Business Heaven of Europe 100% foreign ownership, 0% corporate tax, no municipality taxes, symbolic land lease rates, subsidies of up to 10% (up to one million euros) towards construction and machinery costs, availability of skilled workforce, as well as training and job creation grants. These are only one segment of the value proposition that provides the most competitive operating environment in the region and wider. Companies which compete in an increasingly complex business world seek optimum locations for their organizations. The popularity of the free zones is based on the simplicity and effectiveness for doing business, beneficial and long-lasting tax incentives, and opportunities for additional government grants. This would be the right moment for companies to take advantage of prime locations and inducements.